The U.S. and Indonesia have come to terms on a trade deal, President Donald Trump said on Truth Social Tuesday.
According to Trump, the U.S. would charge a 19% tariff on imports from Indonesia under the pact, with U.S. exports to the country facing no levies. Indonesia would also purchase $15 billion of energy products, $4.5 billion of agriculture products and 50 Boeing jets from the U.S., the president said.
Trump unveiled the details of the deal just over a week after he began alerting word leaders, via mostly-identical letters, that new country-specific tariffs would begin Aug. 1. Imports from Indonesia were slated to incur a 32% levy, per a letter addressed to Indonesia’s President Prabowo Subianto.
